Morning News List of important developments overnight on September 25
21:00-7:00 Keywords: Circle, Web3 Foundation, Biden
1. Biden: The Federal Reserve is expected to continue cutting interest rates.
2. USDC issuer Circle launches on-chain compliance platform;
A bitcoin address woke up after more than 13 years of silence, containing 50 BTC.
4. Traders raised their bets on a 50 basis point Fed rate cut in November to 50%;
5. SBF ex-girlfriend Caroline Ellison was sentenced to two years in prison in the FTX bankruptcy case.
6.2. BlackRock has purchased 354,173 BTC worth about $22.50 billion since January this year;
7. Google: Snap deploys Gemini's multimodal capabilities in its "My AI" chatbot;
8. Web3 Foundation launches $25 million "Decentralized Futures" grant program;
9. Top members of the US House Financial Services Committee have called for a "major agreement" on stablecoin legislation this year.